The Yes Bank Limited. v. Mr. Mohammad Mansoor
Case brief
What is this about?
The Debts Recovery Tribunal allowed an Original Application filed by YES Bank Limited for recovery of Rs.24,52,375.05 with future interest and costs from two joint and several defendants who remained ex-parte. The court directed issuance of a Recovery Certificate.
What did the court decide?
Defendants jointly and severally liable to pay Rs.24,52,375.05 with future interest @ 12.23% p.a. and costs; issuance of Recovery Certificate.